The European Union promises to work with Theresa May on “whether a way through can be found” to avoid the disruption of a no-deal Brexit after the British prime minister demanded changes to the divorce deal to get it through parliament.

The Bank of England said Britain faces its weakest economic growth in a decade this year as uncertainty over Brexit mounts and the global economy slows.

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Jaguar Land Rover booked a loss for the last three months of 2018 as sales collapsed in China.

The car maker booked a £3.1bn reduction in the value of its plants and other investments leading to a £3.4bn quarterly loss, its biggest to date.